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25

25 - 27, Station Road, Billingham, TS23 1AF
£180,000

Our Summary

  • FREEHOLD TITLE - At 25 - 27 Station Road, This Mixed Use/Commercial Property Presents An Exceptional Investment Opportunity
  • Whether You Are Looking To Expand Your Portfolio Or Embark On A New Venture, This Commercial Property In Billingham Is Worthy Of Your ConsiderationVendor Information - The Vendor Informs Us:25 & 27 Station Road Were Originally Two Separate Units, That Have Been Opened Up Into One & Could Be Converted Back Into Two Units By Its New Owners If Desired (STPP)Both Properties Are Extended To The Rear With Building Regulations Sign Off In 2010A Lift Was Installed In 2015 Which Allows For Wheel Chair AccessThere Are 2 Water Inlets Into The Properties & The Properties Have Two Electrical Mains Inlets So Both 25 & 27 Can Run From Separate Electricity (25 Has A Recently Updated Consumer Unit, 27 Was Updated Around 15 Years Ago)Valid EICR For Both 25 And 27 - Dated 2022Front Of The Shop Benefits From A Warm And Cold Air Con Unit Installed In 2016Front Of Shop Chiller Units Are Included In The Sale And In Working OrderuPVC Double Glazing Throughout With Toughened Safety Glass To The Ground Floor & First Floor Rear Windows Recent Fire Safety Check, Passed In 2023Two Separate Electric Remote Controlled Shutters To The Shop Front, Both SidesThere Is A Ground Floor W
  • C'sLift & Separate StaircaseGated Yard AreaFirst Floor Flat: (Accessed By Staircase Or Lift)Consists Of:Large Living RoomLarge Master BedroomKitchenBathroom With A Double shower, Toilet, Hand Basin, And Heated Electric Towel RailLoft Boarded In The Centre For Storage 27 Side OnlyElectric Oil Filled RadiatorsRe-Skimmed Walls And Ceilings In The Majority Of Rooms And Bathroom Update In 2015The Property Has A Built In/Wired In Alarm System Which Secures The Whole PropertyPotential Income - Each Shop Has The Potential To Be Let - Approx
  • - £2,000 PCMThe Flat Has the Potential To Be Let As A Whole, But May Need To Create A Separate Access - Approx
  • £500 PCMThe Rooms Upstairs Also Offer The Potential To Be Let With Shared Kitchen & Bathroom - Approx
  • Originally Two Good-Sized Retail Units Opened Up Into One & Can Be Easily Converted Back (STPP)

Description

This mixed-use commercial property in Billingham, Teesside, offers a unique investment opportunity. The 1,237 square foot property has been seamlessly merged from two separate retail spaces, providing versatility for various business ventures. The ground floor features a vast arrangement of commercial areas, including two generously sized rooms, a well-equipped kitchen, and a shower room. The property also includes a residential flat above, with two bedrooms, a living room, kitchen, and bathroom. The property has been extensively renovated, with a lift installed for wheelchair accessibility, and comes with valid fire safety and electrical installation condition reports. The property has potential for separate lets, with approximate income of £1,000-£1,250 PCM for each shop or £2,000 PCM for the whole unit, and £500 PCM for the flat. The property also has a built-in/wired-in alarm system and is rated B (41) on the Energy Performance Certificate.